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NEWS |
Oil majors to bet big on Brazil oil amid election uncertainty
Oil majors are set to gather in Rio de Janeiro on Friday to unveil bids for stakes in Brazil’s high potential offshore areas ahead of elections that are casting a cloud of uncertainty over the industr (...)
NEWS |
ExxonMobil Awards Offshore Rig Contract
ExxonMobil Canada President Carman Mullins at Bull Arm. ExxonMobil Canada has awarded a rig contract to Seadrill for at least one well in the Newfoundland offshore next year.
NEWS |
Tullow Oil plans to drill first Guyana well in third quarter of 2019
Tullow Oil plans to drill its first well in the much-watched Guyana offshore basin in the third quarter of next year in its Orinduik licence bordering discoveries by Exxon, a spokesman said on Wednesd (...)
NEWS |
U.S. energy operations begin recovering after Storm Gordon
Energy companies and port operators along the U.S. Gulf Coast took steps on Wednesday to resume operations after Tropical Storm Gordon shut more than 9 percent of the region’s oil and gas output.
NEWS |
ExxonMobil nails ninth oil discovery
ExxonMobil has announced it has made its ninth oil discovery offshore Guyana. Hammerhead-1, located around 21km southwest of the Liza-1 well, hit around 60m of “high quality, oil-bearing sandstone res (...)
NEWS |
Exxon drills deep for Australian natural gas
A subsidiary of Exxon Mobil said it's started the search for new sources of natural gas by drilling two new wells off the coast of Australia.
NEWS |
Saipem bags SURF contracts for Liza phase 2 development
Saipem has bagged subsea flowlines umbilicals and risers (SURF) contracts from Esso Exploration and Production Guyana (EEPGL), an affiliate of ExxonMobil, for the Liza phase 2 development offshore Guy (...)
NEWS |
Exploration this year brings steep rise in discovered resources
Global discoveries of conventional oil and gas totalled more than 4.5 Bboe during H1 2018, according to analyst Rystad Energy. Average monthly discovered volumes were 826 MMboe, roughly 30% higher tha (...)
NEWS |
ExxonMobil set to receive drilling licences within days
The consortium Exxon Mobil-Qatar Petroleum is expected to receive the necessary offshore drilling licences in the coming days, reports said on Saturday.
NEWS |
Profit before Safety at Fife Petrochemical plant
Two multinational oil companies have repeatedly failed to reduce the risks of major accidents at petrochemical plants in Fife, according to documents released by the UK Government’s Health and Safety (...)
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